Elon Musk's team seeks new investors for Twitter

Chris

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Elon Musk's team seeks new investors for Twitter
Musk's money manager, Jared Birchall, reached out to potential investors this week, offering shares of Twitter at the same price, $54.20, that Musk paid to take the company private in October.
By REUTERS
Published: DECEMBER 16, 2022

The managing director of Elon Musk's family office is seeking new equity investors for Twitter, news platform Semafor reported on Friday, citing two people familiar with the fundraising effort. Musk's money manager, Jared Birchall, reached out to potential investors this week, offering shares of Twitter at the same price, $54.20, that Musk paid to take the company private in October, according to the report. Twitter and Musk did not immediately respond to Reuters requests for comments.

more.............. https://www.jpost.com/business-and-innovation/all-news/article-725096
 

Tall Timbers

Imperfect but forgiven
It would be beneficial to Musk to share the risk ot Twitter with other investors. $54.20 per share is too much though. Musk overpaid massively. I don't think anyone will bite at that price.
 
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